Brexit makes euro zone sustainability less likely -JPMorgan CEO

WASHINGTON Oct 7 Britain's vote to leave the
European Union has made it more likely that the euro zone will
not be around in 10 years, JPMorgan Chase & Co CEO Jamie
Dimon told bankers on Friday.

"Brexit makes the chance of the euro zone not surviving 10
years from now five times higher," Dimon said at the Institute
of International Finance's 2016 annual membership meeting in
Washington.

Speaking at the same event, James Gorman, the chief
executive of Morgan Stanley, said that the big winner
from Brexit would be New York because business currently carried
out in London would shift there.
(Reporting by Olivia Oran; Editing by Paul Simao)